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Nasdaq 100 Plunges to Critical Support as RSI Hits Oversold Zone Bearish Breakdown After Rising Wedge Is a Bigger Fall Coming

NASDAQ was down on Monday morning after testing the high level of 18710 in the last trading session as Nasdaq 100 futures dropped another 5%. The recent selloff began on Thursday when President Donald Trump unveiled surprisingly high reciprocal tariffs, with the Dow losing 7.9% last week, while the S&P 500 and Nasdaq Composite declined 9.1% and 10%, respectively.